2022
Exports | Imports
$66.8M | $83.6kWorld Rnk 62 / 212
Flag Rnk 10 / 925
World Rnk 137 / 187
Flag Rnk 870 / 1146
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.5Rnk 699 / 1025

About

Exports In 2022, Trinidad and Tobago exported $66.8M in Scrap Iron, making it the 62nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 10th most exported product in Trinidad and Tobago. The main destination of Scrap Iron exports from Trinidad and Tobago are: Thailand ($32.5M), Hong Kong ($18.2M), Chinese Taipei ($7.72M), Pakistan ($1.78M), and Canada ($1.44M).

The fastest growing export markets for Scrap Iron of Trinidad and Tobago between 2021 and 2022 were Thailand ($15.7M), Pakistan ($1.53M), and Spain ($878k).

Imports In 2022, Trinidad and Tobago imported $83.6k in Scrap Iron, becoming the 137th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 870th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Scrap Iron primarily from: Australia ($25.9k), Norway ($19k), Saint Vincent and the Grenadines ($17k), Thailand ($7.36k), and Grenada ($7.32k).

The fastest growing import markets in Scrap Iron for Trinidad and Tobago between 2021 and 2022 were Australia ($25.9k), Norway ($19k), and Italy ($4.41k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Scrap Iron from Trinidad and Tobago to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scrap Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.8M
IMPORTS (2022)$83.6k
NET TRADE (2022)$66.7M

In 2022, Trinidad and Tobago exported $66.8M in Scrap Iron. The main destinations of Trinidad and Tobago exports on Scrap Iron were Thailand ($32.5M), Hong Kong ($18.2M), Chinese Taipei ($7.72M), Pakistan ($1.78M), and Canada ($1.44M).

In 2022, Trinidad and Tobago imported $83.6k in Scrap Iron, mainly from Australia ($25.9k), Norway ($19k), Saint Vincent and the Grenadines ($17k), Thailand ($7.36k), and Grenada ($7.32k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Thailand$15.7M (93.2%)
Pakistan$1.53M (605%)
Spain$878k (426%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Trinidad and Tobago WERE (2021 - 2022):
Hong Kong-$7.77M (-29.9%)
Chinese Taipei-$1.39M (-15.3%)
India-$1.38M (-77.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Trinidad and Tobago's main exporting competitors in Scrap Iron were:
In 2022, Trinidad and Tobago's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

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